India's retention of the top spot in global crypto adoption indicates a growing credibility in the crypto ecosystem, particularly following the registration of Binance and KuCoin.
Indonesia's remarkable year-over-year growth of nearly 200% in the Central and Southern Asia region highlights a robust market driven primarily by trading opportunities rather than regulatory progress.
The report's change in methodology, which included a focus on DeFi activities over P2P exchange trade volumes, provides a more nuanced view of global crypto adoption.
Despite Indonesia's growth, India and Nigeria continue to lead in grassroots crypto adoption, showcasing a unique landscape where trading opportunities and market legitimacy coexist.
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